v :hevlwh zzz jrguhmsurshuwlhv frp · 2020. 9. 4. · 1$0($1'$''5(662),668(5...
TRANSCRIPT
ISSUE OF COMMERCIAL PAPER (CP) :LETTER_OF_OFFER
PART IPROPOSED DATE OF ISSUE : 04-SEP-2020
TENOR (no. of days) : 181
ISSUE REFERENCE : 21/2020-21
CREDIT RATING : CRA-1 CRA-2
RATING : A1+ A1+
ISSUED BY : ICRA CRISIL
DATE OF RATING : 12-AUG-2020 13-AUG-2020
VALIDITY FOR ISSUANCE : 12-NOV-2020 12-SEP-2020
VALIDITY PERIOD FOR RATING : 31-MAR-2021 29-OCT-2020#
FOR AMOUNT : RS 1500 CRORES RS 1500 CRORES
CONDITIONS (if any) : NIL NIL
CREDIT SUPPORT (If Any) : NIL NIL
DESCRIPTION OF INSTRUMENT : Commercial Paper
AMOUNT Rs. : 350,000,000
EXACT PURPOSE OF ISSUE OF CP : Amount availed through CP will be utilisedfor Working Capital purpose only
ISSUED BY : Godrej Properties Ltd.
IN FAVOUR OF :
NET WORTH OF THE GUARANTOR COMPANY : NA
NAME OF COMPANIES TO WHICH GUARANTORHAS ISSUED SIMILAR GUARANTEE
: NA
EXTENT OF THE GUARANTEE OFFERED BY THEGUARANTOR COMPANY
: NA
CONDITIONS UNDER WHICH THE GUARANTEEWILL BE INVOKED
: NA
DETAILS OF CURRENT TRANCHEISIN AMOUNT
In Rs.MATURITY DATE CURRENT CREDIT
RATINGVALIDITY PERIODOF RATING
CRA
INE484J14KO2 350,000,000 04-MAR-2021 A1+ 31-MAR-2021 ICRA
A1+ 29-OCT-2020# CRISIL
Listing:
Proposed to be listed/ unlisted: Proposed to be listed
The National Stock Exchnage of India
ISSUING AND PAYING AGENT : State Bank of IndiaCorporate Accounts Group3rd Floor,Neville House,J N Heredia MargBallard Estate, Mumbai-400 001
MARKET CONVENTIONS : FIMMDA CONVENTIONSSUPPORTING BOARD RESOLUTION DATED : 20-AUG-2020Details of CPs issued during the last 15 months* : Details attached in the Annexure-1Details of Other Debt Instruments Outstanding : Details attached in the Annexure-2Bank Fund Based Facilities from Banks/ FI,(If any) : Details attached in the Annexure-3CP BORROWING LIMIT : Rs.15,000,000,000TOTAL CP OUTSTANDING (RS.) : Rs.11,300,000,000As on 04-SEP-2020(including the current issue ) :*Issuer’s liability under the CP will continue beyond due date, in case the CP is not redeemed on due date.
Godrej Properties Ltd.Regd. Office : Godrej One,5th Floor, Pirojshanagar,Eastern Express Highway,Vikhroli(E), Mumbai-400 079. IndiaTel.: +91-22-6169 8500Fax: +91-22-6169 8888Website: www.godrejproperties.comCIN: L74120MH1985PLC035308
NAME AND ADDRESS OF ISSUER : Godrej Properties Ltd.Godrej One, 5th Floor,Pirojshanagar, Eastern ExpressHighway,Vikhroli(E),Mumbai-79
LINE OF BUSINESS : The Company is engaged in the business of Real Estate Development.
CHIEF EXECUTIVE : Mr. Mohit Malhotra (Managing Director & CEO)
GROUP AFFILIATION (if any) : Godrej Group
FINANCIAL SUMMARY Q1 F.Y 2020 - 21(Unaudited)
F.Y 2019 - 20(Audited)
F.Y 2018 - 19(Audited)
F.Y 2017 - 18(Audited)
(Rs. in Crore) (Rs. in Crore) (Rs. in Crore) (Rs. in Crore)Equity 126.04 126.01 114.66 108.24
Net Worth 4828.77 4806.34 2259.81 2166.96Investments In
Subsidiaries/Affiliates1595.34 1564.99 1578.28 877.55
Total Debt Outstanding 3947.90 3708.03 3515.84 3702.86-Short Term (< 1
Year)*/**Refer Note 1&23447.90 3208.03 3015.84 3202.86
-Other Debt ***ReferNote3
500.00 500.00 500.00 500.00
Gross Income 205.93 2287.68 1894.00 1449.44Operating Profit (PBITD) 89.58 799.41 550.05 580.02Gross Profit (PBTD) 26.50 528.86 298.10 388.07Net Profit (Post Tax) 6.39 312.82 209.35 240.85
Audit Qualification (If any) : NONE
Material Litigation & Regulatory Strictures (If any) : NONE
Details of Default of CPs. Including Technical Delay in Redemption During Past Three Years : NONE
Details of Default and Delay in Redemption of any Other Borrowings During Past Three Years : NONE
For Godrej Properties Limited
Authorised SignatoryName : Mr Amit KumarDesignation : AVP-(Finance and Accounts)Dated : 25.08.2020
* Note 1 : From FY 17-18 onwards includes interest outstanding (if any) till the reporting date.** Note 2 : From FY 2019-20 onwards includes Lease liability payable.*** Note 3 : The amount pertains to NCD's maturing in Sept '20 and does not include interest outstanding till the reporting date.# As per CRISIL, once the instrument is issued the rating is valid (unless revised) throughout the life of the Commercial Paper Programmewith a maximum maturity of one year.
Godrej Properties Ltd.Regd. Office : Godrej One,5th Floor, Pirojshanagar,Eastern Express Highway,Vikhroli(E), Mumbai-400 079. IndiaTel.: +91-22-6169 8500Fax: +91-22-6169 8888Website: www.godrejproperties.comCIN: L74120MH1985PLC035308
Sr No. ISIN Issue Date
Amount in Rs. Maturity Date Amt Outstanding in Rs.
IPA CRA-1 Rating Rated Amt in Rs. Cr
CRA-2 Rating Rated Amt in Rs. Cr
1 INE484J14HT7 27.06.2019 75,00,00,000.00 20.09.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
2 INE484J14HS9 27.06.2019 75,00,00,000.00 24.09.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
3 INE484J14HU5 25.07.2019 40,00,00,000.00 26.09.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
4 INE484J14HU5 25.07.2019 10,00,00,000.00 26.09.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
5 INE484J14HV3 31.07.2019 50,00,00,000.00 18.10.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
6 INE484J14HW1 07.08.2019 50,00,00,000.00 01.11.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
7 INE484J14HX9 13.08.2019 75,00,00,000.00 11.11.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
8 INE484J14HY7 20.08.2019 75,00,00,000.00 15.11.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
9 INE484J14IA5 23.08.2019 30,00,00,000.00 18.11.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
10 INE484J14IA5 23.08.2019 5,00,00,000.00 18.11.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
11 INE484J14HZ4 20.08.2019 75,00,00,000.00 19.11.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
12 INE484J14IB3 23.08.2019 50,00,00,000.00 21.11.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
13 INE484J14IC1 28.08.2019 50,00,00,000.00 26.11.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
14 INE484J14IC1 28.08.2019 15,00,00,000.00 26.11.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
15 INE484J14IC1 28.08.2019 10,00,00,000.00 26.11.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
16 INE484J14ID9 30.08.2019 50,00,00,000.00 29.11.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
17 INE484J14ID9 30.08.2019 50,00,00,000.00 29.11.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
18 INE484J14IE7 04.09.2019 75,00,00,000.00 03.12.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
19 INE484J14IF4 06.09.2019 75,00,00,000.00 05.12.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
20 INE484J14IG2 09.09.2019 75,00,00,000.00 09.12.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
21 INE484J14IH0 11.09.2019 1,00,00,00,000.00 11.12.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
22 INE484J14II8 13.09.2019 50,00,00,000.00 13.12.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
23 INE484J14IJ6 17.09.2019 90,00,00,000.00 16.12.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
24 INE484J14IK4 20.09.2019 75,00,00,000.00 20.12.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
25 INE484J14IL2 24.09.2019 75,00,00,000.00 23.12.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
26 INE484J14IM0 27.09.2019 50,00,00,000.00 26.12.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
27 INE484J14IN8 18.10.2019 50,00,00,000.00 16.01.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
28 INE484J14IO6 01.11.2019 50,00,00,000.00 31.01.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
29 INE484J14IP3 11.11.2019 75,00,00,000.00 06.02.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
30 INE484J14IR9 15.11.2019 75,00,00,000.00 13.02.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
31 INE484J14IQ1 18.11.2019 35,00,00,000.00 17.02.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
32 INE484J14IS7 19.11.2019 75,00,00,000.00 18.02.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
33 INE484J14IT5 21.11.2019 50,00,00,000.00 20.02.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
34 INE484J14IU3 26.11.2019 75,00,00,000.00 25.02.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
35 INE484J14IV1 29.11.2019 1,00,00,00,000.00 28.02.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
36 INE484J14IW9 03.12.2019 75,00,00,000.00 03.03.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
37 INE484J14IX7 05.12.2019 75,00,00,000.00 05.03.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
38 INE484J14IZ2 09.12.2019 25,00,00,000.00 09.03.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
39 INE484J14IZ2 09.12.2019 5,00,00,000.00 09.03.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
40 INE484J14IZ2 09.12.2019 15,00,00,000.00 09.03.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
41 INE484J14IZ2 09.12.2019 30,00,00,000.00 09.03.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
Annexure-1Godrej Properties LimitedDetails of CPs issued during the last 15 months:-
Sr No. ISIN Issue Date
Amount in Rs. Maturity Date Amt Outstanding in Rs.
IPA CRA-1 Rating Rated Amt in Rs. Cr
CRA-2 Rating Rated Amt in Rs. Cr
42 INE484J14IY5 11.12.2019 1,00,00,00,000.00 11.03.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
43 INE484J14JA3 13.12.2019 50,00,00,000.00 13.03.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
44 INE484J14JB1 17.12.2019 90,00,00,000.00 17.03.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
45 INE484J14JC9 20.12.2019 25,00,00,000.00 20.03.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
46 INE484J14JC9 20.12.2019 50,00,00,000.00 20.03.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
47 INE484J14JE5 23.12.2019 75,00,00,000.00 23.03.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
48 INE484J14JD7 26.12.2019 50,00,00,000.00 26.03.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
49 INE484J14JO4 18.02.2020 50,00,00,000.00 18.05.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
50 INE484J14JO4 18.02.2020 25,00,00,000.00 18.05.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
51 INE484J14JX5 19.03.2020 50,00,00,000.00 17.06.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
52 INE484J14JX5 19.03.2020 40,00,00,000.00 17.06.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
53 INE484J14JY3 20.03.2020 50,00,00,000.00 19.06.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
54 INE484J14JH8 27.12.2019 60,00,00,000.00 22.06.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
55 INE484J14JF2 27.12.2019 70,00,00,000.00 24.06.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
56 INE484J14JG0 27.12.2019 70,00,00,000.00 26.06.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
57 INE484J14JJ4 09.01.2020 50,00,00,000.00 29.06.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
58 INE484J14JI6 16.01.2020 50,00,00,000.00 30.06.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
59 INE484J14JZ0 21.04.2020 75,00,00,000.00 21.07.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
60 INE484J14JK2 31.01.2020 50,00,00,000.00 31.07.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
61 INE484J14JL0 06.02.2020 75,00,00,000.00 06.08.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
62 INE484J14KA1 12.05.2020 75,00,00,000.00 11.08.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
63 INE484J14JM8 13.02.2020 75,00,00,000.00 13.08.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
64 INE484J14JN6 17.02.2020 35,00,00,000.00 17.08.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
65 INE484J14KB9 21.05.2020 70,00,00,000.00 18.08.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
66 INE484J14JP1 20.02.2020 50,00,00,000.00 20.08.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
67 INE484J14JR7 25.02.2020 75,00,00,000.00 25.08.2020 75,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
68 INE484J14JQ9 28.02.2020 1,00,00,00,000.00 28.08.2020 1,00,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
69 INE484J14JS5 03.03.2020 75,00,00,000.00 31.08.2020 75,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
70 INE484J14JT3 05.03.2020 75,00,00,000.00 04.09.2020 75,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
71 INE484J14JU1 09.03.2020 75,00,00,000.00 07.09.2020 75,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
72 INE484J14JW7 11.03.2020 1,00,00,00,000.00 09.09.2020 1,00,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
73 INE484J14JV9 13.03.2020 50,00,00,000.00 11.09.2020 50,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
74 INE484J14KC7 17.06.2020 50,00,00,000.00 15.09.2020 50,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
75 INE484J14KC7 18.06.2020 45,00,00,000.00 15.09.2020 45,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
76 INE484J14KE3 19.06.2020 50,00,00,000.00 17.09.2020 50,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
77 INE484J14KD5 22.06.2020 55,00,00,000.00 21.09.2020 55,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
78 INE484J14KH6 24.06.2020 70,00,00,000.00 23.09.2020 70,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
79 INE484J14KH6 24.06.2020 5,00,00,000.00 23.09.2020 5,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
80 INE484J14KE3 29.06.2020 50,00,00,000.00 28.09.2020 50,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
81 INE484J14KE3 29.06.2020 35,00,00,000.00 28.09.2020 35,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
82 INE484J14KG8 30.06.2020 50,00,00,000.00 29.09.2020 50,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
83 INE484J14KG8 30.06.2020 35,00,00,000.00 29.09.2020 35,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
84 INE484J14KJ2 21.07.2020 75,00,00,000.00 18.01.2021 75,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
85 INE484J14KI4 31.07.2020 50,00,00,000.00 28.01.2021 50,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
86 INE484J14KK0 06.08.2020 75,00,00,000.00 04.02.2021 75,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
Godrej Properties LimitedDetails of Other Debt Instrument Outstanding as on 30-Jun-2020:-
Sr No ISIN Issue Date Amount Issued Rs. In Crores. Maturity Date Amount Outstanding Rs. In Crores(**)1 INE484J08014 25-Sep-17 500.00 25-Sep-20 500.00
Details of Fund Based Facilities from Banks/ Financial Institutions as on 30-Jun-2020:-
Sr NoName of the Bank/ Financial Institution
Nature of Facility Sanctioned Limits Rs. in CroresOutstanding
Amount Rs. In Crores
Asset Classification
1 Axis Bank** Overdraft Facility/WCDL 875.00 869.25 STANDARD2 DBS Bank Ltd** Short Term Working Capital Loan 120.00 120.00 STANDARD3 State Bank of India** Cash Credit/WCL 1,300.00 953.42 STANDARD
** Does not include interest outstanding as on 30th June 2020
Annexure 2
Annexure 3
ISSUE OF COMMERCIAL PAPER (CP) :LETTER_OF_OFFER
PART IPROPOSED DATE OF ISSUE : 04-SEP-2020
TENOR (no. of days) : 181
ISSUE REFERENCE : 22/2020-21
CREDIT RATING : CRA-1 CRA-2
RATING : A1+ A1+
ISSUED BY : ICRA CRISIL
DATE OF RATING : 12-AUG-2020 13-AUG-2020
VALIDITY FOR ISSUANCE : 12-NOV-2020 12-SEP-2020
VALIDITY PERIOD FOR RATING : 31-MAR-2021 29-OCT-2020#
FOR AMOUNT : RS 1500 CRORES RS 1500 CRORES
CONDITIONS (if any) : NIL NIL
CREDIT SUPPORT (If Any) : NIL NIL
DESCRIPTION OF INSTRUMENT : Commercial Paper
AMOUNT Rs. : 400,000,000
EXACT PURPOSE OF ISSUE OF CP : Amount availed through CP will be utilisedfor Working Capital purpose only
ISSUED BY : Godrej Properties Ltd.
IN FAVOUR OF :
NET WORTH OF THE GUARANTOR COMPANY : NA
NAME OF COMPANIES TO WHICH GUARANTORHAS ISSUED SIMILAR GUARANTEE
: NA
EXTENT OF THE GUARANTEE OFFERED BY THEGUARANTOR COMPANY
: NA
CONDITIONS UNDER WHICH THE GUARANTEEWILL BE INVOKED
: NA
DETAILS OF CURRENT TRANCHEISIN AMOUNT
In Rs.MATURITY DATE CURRENT CREDIT
RATINGVALIDITY PERIODOF RATING
CRA
INE484J14KO2 400,000,000 04-MAR-2021 A1+ 31-MAR-2021 ICRA
A1+ 29-OCT-2020# CRISIL
Listing:
Proposed to be listed/ unlisted: Proposed to be listed
The National Stock Exchnage of India
ISSUING AND PAYING AGENT : State Bank of IndiaCorporate Accounts Group3rd Floor,Neville House,J N Heredia MargBallard Estate, Mumbai-400 001
MARKET CONVENTIONS : FIMMDA CONVENTIONSSUPPORTING BOARD RESOLUTION DATED : 20-AUG-2020Details of CPs issued during the last 15 months* : Details attached in the Annexure-1Details of Other Debt Instruments Outstanding : Details attached in the Annexure-2Bank Fund Based Facilities from Banks/ FI,(If any) : Details attached in the Annexure-3CP BORROWING LIMIT : Rs.15,000,000,000TOTAL CP OUTSTANDING (RS.) : Rs.11,700,000,000As on 04-SEP-2020(including the current issue ) :*Issuer’s liability under the CP will continue beyond due date, in case the CP is not redeemed on due date.
Godrej Properties Ltd.Regd. Office : Godrej One,5th Floor, Pirojshanagar,Eastern Express Highway,Vikhroli(E), Mumbai-400 079. IndiaTel.: +91-22-6169 8500Fax: +91-22-6169 8888Website: www.godrejproperties.comCIN: L74120MH1985PLC035308
NAME AND ADDRESS OF ISSUER : Godrej Properties Ltd.Godrej One, 5th Floor,Pirojshanagar, Eastern ExpressHighway,Vikhroli(E),Mumbai-79
LINE OF BUSINESS : The Company is engaged in the business of Real Estate Development.
CHIEF EXECUTIVE : Mr. Mohit Malhotra (Managing Director & CEO)
GROUP AFFILIATION (if any) : Godrej Group
FINANCIAL SUMMARY Q1 F.Y 2020 - 21(Unaudited)
F.Y 2019 - 20(Audited)
F.Y 2018 - 19(Audited)
F.Y 2017 - 18(Audited)
(Rs. in Crore) (Rs. in Crore) (Rs. in Crore) (Rs. in Crore)Equity 126.04 126.01 114.66 108.24
Net Worth 4828.77 4806.34 2259.81 2166.96Investments In
Subsidiaries/Affiliates1595.34 1564.99 1578.28 877.55
Total Debt Outstanding 3947.90 3708.03 3515.84 3702.86-Short Term (< 1
Year)*/**Refer Note 1&23447.90 3208.03 3015.84 3202.86
-Other Debt ***ReferNote3
500.00 500.00 500.00 500.00
Gross Income 205.93 2287.68 1894.00 1449.44Operating Profit (PBITD) 89.58 799.41 550.05 580.02Gross Profit (PBTD) 26.50 528.86 298.10 388.07Net Profit (Post Tax) 6.39 312.82 209.35 240.85
Audit Qualification (If any) : NONE
Material Litigation & Regulatory Strictures (If any) : NONE
Details of Default of CPs. Including Technical Delay in Redemption During Past Three Years : NONE
Details of Default and Delay in Redemption of any Other Borrowings During Past Three Years : NONE
For Godrej Properties Limited
Authorised SignatoryName : Mr Amit KumarDesignation : AVP-(Finance and Accounts)Dated : 01.09.2020
* Note 1 : From FY 17-18 onwards includes interest outstanding (if any) till the reporting date.** Note 2 : From FY 2019-20 onwards includes Lease liability payable.*** Note 3 : The amount pertains to NCD's maturing in Sept '20 and does not include interest outstanding till the reporting date.# As per CRISIL, once the instrument is issued the rating is valid (unless revised) throughout the life of the Commercial Paper Programmewith a maximum maturity of one year.
Godrej Properties Ltd.Regd. Office : Godrej One,5th Floor, Pirojshanagar,Eastern Express Highway,Vikhroli(E), Mumbai-400 079. IndiaTel.: +91-22-6169 8500Fax: +91-22-6169 8888Website: www.godrejproperties.comCIN: L74120MH1985PLC035308
Sr No. ISIN Issue Date
Amount in Rs. Maturity Date Amt Outstanding in Rs.
IPA CRA-1 Rating Rated Amt in Rs. Cr
CRA-2 Rating Rated Amt in Rs. Cr
1 INE484J14HT7 27.06.2019 75,00,00,000.00 20.09.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
2 INE484J14HS9 27.06.2019 75,00,00,000.00 24.09.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
3 INE484J14HU5 25.07.2019 40,00,00,000.00 26.09.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
4 INE484J14HU5 25.07.2019 10,00,00,000.00 26.09.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
5 INE484J14HV3 31.07.2019 50,00,00,000.00 18.10.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
6 INE484J14HW1 07.08.2019 50,00,00,000.00 01.11.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
7 INE484J14HX9 13.08.2019 75,00,00,000.00 11.11.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
8 INE484J14HY7 20.08.2019 75,00,00,000.00 15.11.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
9 INE484J14IA5 23.08.2019 30,00,00,000.00 18.11.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
10 INE484J14IA5 23.08.2019 5,00,00,000.00 18.11.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
11 INE484J14HZ4 20.08.2019 75,00,00,000.00 19.11.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
12 INE484J14IB3 23.08.2019 50,00,00,000.00 21.11.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
13 INE484J14IC1 28.08.2019 50,00,00,000.00 26.11.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
14 INE484J14IC1 28.08.2019 15,00,00,000.00 26.11.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
15 INE484J14IC1 28.08.2019 10,00,00,000.00 26.11.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
16 INE484J14ID9 30.08.2019 50,00,00,000.00 29.11.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
17 INE484J14ID9 30.08.2019 50,00,00,000.00 29.11.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
18 INE484J14IE7 04.09.2019 75,00,00,000.00 03.12.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
19 INE484J14IF4 06.09.2019 75,00,00,000.00 05.12.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
20 INE484J14IG2 09.09.2019 75,00,00,000.00 09.12.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
21 INE484J14IH0 11.09.2019 1,00,00,00,000.00 11.12.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
22 INE484J14II8 13.09.2019 50,00,00,000.00 13.12.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
23 INE484J14IJ6 17.09.2019 90,00,00,000.00 16.12.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
24 INE484J14IK4 20.09.2019 75,00,00,000.00 20.12.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
25 INE484J14IL2 24.09.2019 75,00,00,000.00 23.12.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
26 INE484J14IM0 27.09.2019 50,00,00,000.00 26.12.2019 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
27 INE484J14IN8 18.10.2019 50,00,00,000.00 16.01.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
28 INE484J14IO6 01.11.2019 50,00,00,000.00 31.01.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
29 INE484J14IP3 11.11.2019 75,00,00,000.00 06.02.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
30 INE484J14IR9 15.11.2019 75,00,00,000.00 13.02.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
31 INE484J14IQ1 18.11.2019 35,00,00,000.00 17.02.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
32 INE484J14IS7 19.11.2019 75,00,00,000.00 18.02.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
33 INE484J14IT5 21.11.2019 50,00,00,000.00 20.02.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
34 INE484J14IU3 26.11.2019 75,00,00,000.00 25.02.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
35 INE484J14IV1 29.11.2019 1,00,00,00,000.00 28.02.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
36 INE484J14IW9 03.12.2019 75,00,00,000.00 03.03.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
37 INE484J14IX7 05.12.2019 75,00,00,000.00 05.03.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
38 INE484J14IZ2 09.12.2019 25,00,00,000.00 09.03.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
39 INE484J14IZ2 09.12.2019 5,00,00,000.00 09.03.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
40 INE484J14IZ2 09.12.2019 15,00,00,000.00 09.03.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
41 INE484J14IZ2 09.12.2019 30,00,00,000.00 09.03.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
Annexure-1Godrej Properties LimitedDetails of CPs issued during the last 15 months:-
Sr No. ISIN Issue Date
Amount in Rs. Maturity Date Amt Outstanding in Rs.
IPA CRA-1 Rating Rated Amt in Rs. Cr
CRA-2 Rating Rated Amt in Rs. Cr
42 INE484J14IY5 11.12.2019 1,00,00,00,000.00 11.03.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
43 INE484J14JA3 13.12.2019 50,00,00,000.00 13.03.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
44 INE484J14JB1 17.12.2019 90,00,00,000.00 17.03.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
45 INE484J14JC9 20.12.2019 25,00,00,000.00 20.03.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
46 INE484J14JC9 20.12.2019 50,00,00,000.00 20.03.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
47 INE484J14JE5 23.12.2019 75,00,00,000.00 23.03.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
48 INE484J14JD7 26.12.2019 50,00,00,000.00 26.03.2020 NIL State Bank Of India ICRA A1+ 1250 CRISIL A1+ 1250
49 INE484J14JO4 18.02.2020 50,00,00,000.00 18.05.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
50 INE484J14JO4 18.02.2020 25,00,00,000.00 18.05.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
51 INE484J14JX5 19.03.2020 50,00,00,000.00 17.06.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
52 INE484J14JX5 19.03.2020 40,00,00,000.00 17.06.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
53 INE484J14JY3 20.03.2020 50,00,00,000.00 19.06.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
54 INE484J14JH8 27.12.2019 60,00,00,000.00 22.06.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
55 INE484J14JF2 27.12.2019 70,00,00,000.00 24.06.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
56 INE484J14JG0 27.12.2019 70,00,00,000.00 26.06.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
57 INE484J14JJ4 09.01.2020 50,00,00,000.00 29.06.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
58 INE484J14JI6 16.01.2020 50,00,00,000.00 30.06.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
59 INE484J14JZ0 21.04.2020 75,00,00,000.00 21.07.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
60 INE484J14JK2 31.01.2020 50,00,00,000.00 31.07.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
61 INE484J14JL0 06.02.2020 75,00,00,000.00 06.08.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
62 INE484J14KA1 12.05.2020 75,00,00,000.00 11.08.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
63 INE484J14JM8 13.02.2020 75,00,00,000.00 13.08.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
64 INE484J14JN6 17.02.2020 35,00,00,000.00 17.08.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
65 INE484J14KB9 21.05.2020 70,00,00,000.00 18.08.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
66 INE484J14JP1 20.02.2020 50,00,00,000.00 20.08.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
67 INE484J14JR7 25.02.2020 75,00,00,000.00 25.08.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
68 INE484J14JQ9 28.02.2020 1,00,00,00,000.00 28.08.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
69 INE484J14JS5 03.03.2020 75,00,00,000.00 31.08.2020 NIL State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
70 INE484J14JT3 05.03.2020 75,00,00,000.00 04.09.2020 75,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
71 INE484J14JU1 09.03.2020 75,00,00,000.00 07.09.2020 75,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
72 INE484J14JW7 11.03.2020 1,00,00,00,000.00 09.09.2020 1,00,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
73 INE484J14JV9 13.03.2020 50,00,00,000.00 11.09.2020 50,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
74 INE484J14KC7 17.06.2020 50,00,00,000.00 15.09.2020 50,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
75 INE484J14KC7 18.06.2020 45,00,00,000.00 15.09.2020 45,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
76 INE484J14KE3 19.06.2020 50,00,00,000.00 17.09.2020 50,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
77 INE484J14KD5 22.06.2020 55,00,00,000.00 21.09.2020 55,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
78 INE484J14KH6 24.06.2020 70,00,00,000.00 23.09.2020 70,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
79 INE484J14KH6 24.06.2020 5,00,00,000.00 23.09.2020 5,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
80 INE484J14KE3 29.06.2020 50,00,00,000.00 28.09.2020 50,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
81 INE484J14KE3 29.06.2020 35,00,00,000.00 28.09.2020 35,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
82 INE484J14KG8 30.06.2020 50,00,00,000.00 29.09.2020 50,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
83 INE484J14KG8 30.06.2020 35,00,00,000.00 29.09.2020 35,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
84 INE484J14KJ2 21.07.2020 75,00,00,000.00 18.01.2021 75,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
85 INE484J14KI4 31.07.2020 50,00,00,000.00 28.01.2021 50,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
86 INE484J14KK0 06.08.2020 75,00,00,000.00 04.02.2021 75,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
87 INE484J14KL8 25.08.2020 50,00,00,000.00 23.02.2021 50,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
88 INE484J14KL8 28.08.2020 25,00,00,000.00 23.02.2021 25,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
89 INE484J14KM6 28.08.2020 75,00,00,000.00 25.02.2021 75,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
90 INE484J14KN4 31.08.2020 75,00,00,000.00 01.03.2021 75,00,00,000.00 State Bank Of India ICRA A1+ 1500 CRISIL A1+ 1500
Godrej Properties LimitedDetails of Other Debt Instrument Outstanding as on 30-Jun-2020:-
Sr No ISIN Issue Date Amount Issued Rs. In Crores. Maturity Date Amount Outstanding Rs. In Crores(**)1 INE484J08014 25-Sep-17 500.00 25-Sep-20 500.00
Details of Fund Based Facilities from Banks/ Financial Institutions as on 30-Jun-2020:-
Sr NoName of the Bank/ Financial Institution
Nature of Facility Sanctioned Limits Rs. in CroresOutstanding
Amount Rs. In Crores
Asset Classification
1 Axis Bank** Overdraft Facility/WCDL 875.00 869.25 STANDARD2 DBS Bank Ltd** Short Term Working Capital Loan 120.00 120.00 STANDARD3 State Bank of India** Cash Credit/WCL 1,300.00 953.42 STANDARD
** Does not include interest outstanding as on 30th June 2020
Annexure 2
Annexure 3